S.Korea to relax FX liquidity rules for banks for 3 mths, deploy FX reserves
South Korea on Thursday said it
plans to loosen the foreign exchange liquidity coverage ratio
(LCR) for banks for three months to encourage them to supply
more dollars into local markets as the coronavirus jolts the
global financial system.
plans to loosen the foreign exchange liquidity coverage ratio
(LCR) for banks for three months to encourage them to supply
more dollars into local markets as the coronavirus jolts the
global financial system.
Posted by Reuters
